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Quantifying Creative Destruction Entrepreneurship and Productivity in New Zealand

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  • John McMillan

    ()
    (Stanford University)

Abstract

This paper (a) provides a framework for quantifying any economy's flexibility, and (b) reviews the evidence on New Zealand firms' birth, growth and death. The data indicate that, by and large, the labour market and the financial market are doing their job.

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File URL: http://motu-www.motu.org.nz/wpapers/04_07.pdf
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Bibliographic Info

Paper provided by Motu Economic and Public Policy Research in its series Working Papers with number 04_07.

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Length: 30 pages
Date of creation: Oct 2004
Date of revision:
Handle: RePEc:mtu:wpaper:04_07

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Cited by:
  1. Procter, Roger, 2008. "Inside the Black box: Policies for Economic Growth," Occasional Papers 08/8, Ministry of Economic Development, New Zealand.
  2. Arthur Grimes, 2005. "Regional and Industry Cycles in Australasia: Implications for a Common Currency," Macroeconomics 0509020, EconWPA.
  3. Arthur Grimes, 2005. "Intra & Inter-Regional Industry Shocks: A New Metric with an Application to Australasian Currency Union," Macroeconomics 0509019, EconWPA.
  4. David C. Maré, 2005. "Indirect Effects of Active Labour Market Policies," Working Papers 05_01, Motu Economic and Public Policy Research.
  5. Michelle Poland & David C Maré, 2005. "Defining Geographic Communities," Urban/Regional 0509016, EconWPA.

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